TerraClassicUSD (USTC) Trading Up 16.3% Over Last 7 Days

TerraClassicUSD (USTC) traded 10.4% higher against the U.S. dollar during the one day period ending at 13:00 PM E.T. on May 6th. Over the last week, TerraClassicUSD has traded up 16.3% against the U.S. dollar. TerraClassicUSD has a total market capitalization of $194.55 million and $125.65 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for $0.0217 or 0.00000034 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 0.6% against the dollar and now trades at $37.41 or 0.00059082 BTC.
• NEAR Protocol (NEAR) traded 3% lower against the dollar and now trades at $7.25 or 0.00011447 BTC.
• Internet Computer (ICP) traded 0.4% lower against the dollar and now trades at $13.11 or 0.00020712 BTC.
• Hedera (HBAR) traded up 1.7% against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Cosmos (ATOM) traded 1.3% higher against the dollar and now trades at $9.39 or 0.00014826 BTC.
• Cronos (CRO) traded down 2.5% against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $2.34 or 0.00003702 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.20 or 0.00000310 BTC.
• Akash Network (AKT) traded 3.7% lower against the dollar and now trades at $4.74 or 0.00007474 BTC.
• Kava (KAVA) traded down 2.2% against the dollar and now trades at $0.68 or 0.00001078 BTC.

TerraClassicUSD Coin Profile

USTC uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,961,428,998 coins and its circulating supply is 8,949,467,009 coins. TerraClassicUSD’s official message board is medium.com/terra-money. The official website for TerraClassicUSD is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here.

According to CryptoCompare, “TerraClassicUSD (USTC) is a digital asset built on the Terra blockchain and created due to the de-pegging of TerraUSD (UST) from the US dollar. USTC is designed to provide users with a digital asset that maintains a value relative to a basket of assets, including the US Dollar and other stablecoins. It is issued and managed by Terraform Labs and provides an easy and secure way to transfer value within the Terra network. In early May 2022, the price of Terra’s LUNA and UST tokens began to plummet, leading to the collapse of both tokens and the Terra network. To protect users, Terraform Labs moved users’ UST tokens to the Terra Classic wallet, exchanging them for USTC tokens, and providing more market liquidity.”

TerraClassicUSD Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView